Iran and Oman delay a meeting to discuss control of the Strait of Hormuz as fighting between Iran's Houthi allies and Saudi Arabia raises the stakes for global energy markets.
Brief by WorldPing · Original reporting by CBS News
Price spike comes as rebel Houthis in Yemen target oil infrastructure and capture strategic island in Bab al-Mandab strait Business news – live updates Oil prices have climbed above $108 a barrel after a series of drone attacks forced Saudi Arabia to…
Brief by WorldPing · Original reporting by The Guardian
Saudi Arabia's oil exports face imminent disruption from drone attacks on a key pipeline. The kingdom has only a few days of oil stocks remaining for export. This shutdown threatens to remove a significant portion of global oil supply from markets.
Brief by WorldPing · Original reporting by Times of India